NYSE:TRNO - New York Stock Exchange, Inc. - US88146M1018 - REIT - Currency: USD
Overall TRNO gets a technical rating of 0 out of 10. TRNO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, TRNO does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 55.13, a Stop Loss order could be placed below this zone.
53.59
2 important support areas can be observed.
We can see 2 important resistance areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TRNO is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRNO is neutral. |
ChartMill Relative Strength | 22.97 | NEGATIVE | TRNO has a low relative strength, it was outperformed by 77.03% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRNO is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRNO is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRNO is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 43.54 | NEUTRAL | The RSI value for TRNO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests TRNO has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 16.65 | OVERSOLD | The low Stochastics value suggests TRNO may be oversold. |
Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for TRNO suggests some volalility. |
Average Directional Index/ADX (14) | 13.59 | NEGATIVE | The low ADX value for TRNO suggests a weak or negative trend. |
56.55
+0.48 (+0.86%)